The government has imposed import restrictions on cabinet hinges and roller chains below specified price points to deter cheap shipments from countries like China.
Import of cabinet hinges below Rs 280 per kilogram and roller chains under Rs 235 per kilogram face these curbs, with importers needing permission from the DGFT for lower-priced imports.
The move aims to boost domestic manufacturing and reduce reliance on imports, especially from China, which has significantly contributed to India's trade deficit.
India's trade deficit with China widened to $99.2 billion in the last fiscal, highlighting the importance of measures to enhance local production and minimize dependence on imports.